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Thames Water’s £3 Billion Rescue
The debt restructuring of the UK water supplier provides a cautionary tale to New Zealand
Feb 27
•
Philip Crump
31
1
Thames Water on the brink of collapse sends warning of Three Waters debt risk
The English water utility uses the same highly leveraged financing structure as proposed for Three Waters. Crippled by £14 billion of debt it now faces…
Jun 28, 2023
•
Philip Crump
56
13
Three Waters Amendment Bill before Parliament
The new Three Waters amendment bill is intended to increase the number of water services entities to ten and introduce a Funding Agency but only makes a…
Jun 22, 2023
•
Philip Crump
35
14
Hipkins Puts Three Waters Back on the Table
The Prime Minister announces changes to the controversial reform but we are left with the same problems that existed last year - only multiplied.
Apr 19, 2023
•
Philip Crump
43
9
Pressure mounts on embattled Minister Mahuta
The Three Waters entrenchment scandal looks set to roll into this year's final week of Parliament. Further revelations could weaken an already embattled…
Dec 11, 2022
•
Philip Crump
12
5
Three Waters passes but at what cost?
The government has paid a huge political cost in pushing through the Three Waters legislation, and in doing so has exposed rifts within Cabinet and…
Dec 8, 2022
•
Philip Crump
22
6
A government humiliated
Willis applied one of the many lashings that the government received in the House 'Today we have the grovelling back-down, but the stain on our…
Dec 6, 2022
•
Philip Crump
13
8
Government confirms that it will fix its Three Waters mistake
The government starts this week hoping to fix its Three Waters entrenchment mistake as quickly as possible before the legislation becomes law.
Dec 4, 2022
•
Philip Crump
12
4
Questions remain over the appointment of Tuku Morgan
Many questions remain unanswered about the appointment of Morgan to his new Three Waters role, and the reforms are set to speed up once this Bill is…
Nov 30, 2022
•
Philip Crump
14
2
Mahuta ditches 'no surprises' policy
As Cabinet Ministers have been blindsided by developments in the Three Waters legislation, the events of last Wednesday night give a glimpse of the…
Nov 29, 2022
•
Philip Crump
17
5
Entrenchment: the latest storm engulfing Three Waters
Mahuta and Sage have outraged constitutional experts with their brazen efforts to entrench a provision in the Water Services Entities Bill but there's…
Nov 27, 2022
•
Philip Crump
13
15
Cabinet loses grip of Five Waters
The speed at which the government is attempting to ram through the Water Services Entities Bill into law is exposing Cabinet's lack of grip on the…
Nov 21, 2022
•
Philip Crump
27
14
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